MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, June 17, 2008 Morningstar Outs Fund Managers for not Investing in their Own Funds Morningstar is outing fund managers for not investing substantially in their own funds. The Chicago-based fund tracker has produced a comprehensive list detailing investment levels for every Morningstar 500 fund manager. The report found that: in U.S.-stock funds, 47 percent of managers have no manager ownership; 61 percent of foreign-stock funds have no ownership; 66 percent of taxable bond funds have no ownership; 71 percent of balanced funds have no ownership; and 80 percent of muni funds have no ownership. Printed from: MFWire.com/story.asp?s=18556 Copyright 2008, InvestmentWires, Inc. All Rights Reserved |